๐ฎ๐ทIran tells Yemenโs Houthis to close "Bab el-Mandeb Strait" if US hits Iranian power infrastructure.
Around 7% of global energy supplies pass through Bab el-Mandeb.
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๐ฐ๐ท South Korea to โhaltโ new listings of single stock leveraged ETFs.
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Netflix $NFLX says it used generative AI for ~300 movies and shows.
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Japanese Stock Market enters technical correction after falling more than 10% from June's all-time high.
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Bank of Americaโs CEO joins Wall Street leaders raising concerns over the speed and security risks of advanced AI models.
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In a July 14 interview with CNBC, BitMine Chairman Tom Lee stated that the S&P 500 could surpass 8,000 by the end of the year, as the AI narrative remains intact.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
๐ฌ๐ง Andy Burnham named Labour leader, set to become UK Prime Minister.
@PoliticFinance
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Queues at Russian gas stations have begun to shrink.
The situation has improved in 13 regions, as well as in Moscow, the Moscow Region, St. Petersburg, and the Leningrad Region.
According to analysts, the most effective measures have been electronic queueing systems, QR codes, and the odd-even license plate system, which allows vehicles to refuel based on whether their plate number ends in an odd or even digit.
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๐บ๐ธ Congress holds hearing to discuss Crypto Clarity Act.
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Apple overtakes Nvidia to become world's most valuable company
AAPL MKT CAP: $4.9T
NVDA MKT CAP: $4.85T
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US corporate insiders are selling US stocks at the second-highest pace in 20+ years, with $77.6 billion sold in H1 this year, a 20% increase, per BBG and EPFR.
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๐บ๐ธ๐ฎ๐ถ US oil giant Chevron explores new pipeline routes in Iraq to bypass the Strait of Hormuz.
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